Ah, yes. Working for one of the tech mininopolies is just so TYPICAL. Because they'll hire anyone.
CNBC Breaks down how a typical normal 25 year old who makes $100K a year who is excellent with money budgets every month
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Ah, yes. Working for one of the tech mininopolies is just so TYPICAL. Because they'll hire anyone.
Like I said when it initially went viral; a place where its easy for a 25 year old to make 100k AND have rent under 900 bucks is boomer fiction with a soundtrack by the Eagles
Sharing internet with my father who lives down one floor we each pay 20€.
That's the problem, though. Not everyone should be expected to go through a tech degree path just to make a decent amount of money. A lot of people aren't built for that shit, and there also aren't an infinite number of jobs that pay that kind of money.
This isn't typical in the slightest.
And be that as it may youre not working at one of those companies where the cost of rent is 825 a month.
I have family in SF who work for google. Their rent is like 4 times the amount listed here.
Some of the numbers make sense if they have roommates to split the cost. The donations only make sense if this person is super religious and tithes.
edit: okay, actually read the article. He has 3 roommates. Cell phone is part of a family plan. He's donating to what seems like decent charities. His income is highly variable depending on the time of year so his budget makes a lot of sense.
edit: okay, actually read the article. He has 3 roommates. Cell phone is part of a family plan. He's donating to what seems like decent charities. His income is highly variable depending on the time of year so his budget makes a lot of sense.
Cheap ass cellphone? You mean his monthly bill?
Me and my wife have a iPhone SE 2nd gen and pay only $50 a month...my parents have their phones for $20 a month to. If you look hard enough ,you can find good deals.
Edit: The dining out is too much yikes - at the most I pay probably $20 or $30 to dine out a month and thats for myself and 3 people in my household - buy it from a local restaurant or something once a month since most of our food we grow or cook.
The company I'm working at, I'll probably make around 95k after two years roughly. I'll be 30 but that's because I got a 2nd degree. However if I joined the company straight out of college, I could have easily cracked 100k before hitting 25 and my company isn't a FAANG.
This isn't really that hard if you're a computer engineer or comp sci.
Not in any places with rent that cheap.
This also obviously assumes the 25 year old is splitting with (looks like) 3 roommates.
And that's not a typical career path. I'm making $50k and I'm 35 years old. This "just work in tech" mentality pisses me off.
No one seems to ever read the articles, even when they are reposts.
He has four roommates, so he's only paying a 20% share of the rent, utilities, internet, and house cleaner. Also doesn't own a car and is on a family plan for his cell phone.
So as long as you're willing to make all those concessions it's easy to budget that way.
He has four roommates, so he's only paying a 20% share of the rent, utilities, internet, and house cleaner. Also doesn't own a car and is on a family plan for his cell phone.
So as long as you're willing to make all those concessions it's easy to budget that way.
Missed it the first time, but I have to wonder. After they're done donating, getting groceries, and dining out, are they just staring at the wall in their apartment for the rest of the month?
I love that this is generating the exact same responses to the thread about this same breakdown from a year ago. Come on y'all, we already got outraged about this once.
I'm not saying you should work in tech. I'm just saying making $100k in tech isn't that hard. This isn't some insane amount.
didn't say it was impossible, I said almost no one. the percentage of 25 years old making over $100,000 is probably less than 2%.
Maybe it isn't "hard" but I wouldn't position it as typical for a 25 year old
Nothing on that graph is priced normally. I can accept that a 25 year old can reach 6 figures. I can almost accept the amount for rent if he has a roommate. But the rest is some far fetched shit.
So, so, sooooo sick of these articles. It's like they know they're a joke and they've become parodies of themselves.
So, so, sooooo sick of these articles. It's like they know they're a joke and they've become parodies of themselves.
As someone who is 25 and making +100k this is just bullshit. Rent is north of $1500 , who the fuck has $650 for donations laying around, how is that being excellent with money. Jesus Christ these people are out of touch. I am extremely lucky and seeing these things paint a Rosy picture when so many can't even approach that standard of living is just infuriating.
I know we all like to react to titles, but the article clearly states how everything is calculated
CNBC is doing numerous articles on budgets of different households. Here's a mom making $48,000. But we don't share those stories here because then we can't get angry.
CNBC is doing numerous articles on budgets of different households. Here's a mom making $48,000. But we don't share those stories here because then we can't get angry.
shit, even splitting with 3 roommates its a toughy; your paying less than 2500 bucks for a 3 bedroom...that's not happening in SF where 100k tech jobs are king, NYC with a big job market, etc
$825 in rent is not possible in most major US cities. If you don't live in a major city, you're not making 100k at just 25 years old in almost any circumstance.
This reminds me of that Wall Street journal struggling middle class graphic where the median household income they were describing was like 250k+ a year lol. Thanks for nothing CNBC
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